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4. By the time the diamonds reach customers waiting at the far end of the
pipeline the truckload, set in jewelry, is worth over 50 billion dollars.
5. Under the guiding hand of the Oppenheimer family, De Beers has indeed
striven with ruthless efficiency to control supplies.
6. “Sightholders” as customers are called are presented with an allotment of
stones; they must buy the entire offering at the price named by De Beers.
7. Monrovia, capital of Liberia is known as a mecca for money launderers
seeking to turn questionable cash assets into diamonds.
8. Prices have fallen although they have not collapsed, suggesting that supply
and demand do indeed apply to the diamond market.
II. Write out of the text adjectives ending in –able; –ing; –ed; ous; –al; –ie;
-y; -less.
Some of these endings change the meaning of adjectives in a certain way. What
are these endings and what meaning do they have? Can you continue the list?
C. Making a Summary
The subject of your summary is “Diamonds as a commodity”. How will you
shorten the text?
D. Follow-up
Answer the following questions?
1. Are diamonds as popular in Russia as in the USA, China and Japan?
2. What is your attitude to expensive jewelry?
3. Do you agree that diamonds incite avarice and bloodshed?
4. What famous diamond deposits do you know?
5. What do you know about Siberian diamonds?
6. Does Russia mine diamonds at present time?
E. Writing
Write a mini-composition (5–7 sentences based on the following article and ex-
plain why scandals, robberies and rumours often serve as the best advertising for
goods, services and people.
The natural shine of diamonds is actively used by those who profit from them.
When a gang of thieves with a stolen bulldozer plowed into London’s Millen-
nium Dome in 2000 to steal a 203 carat diamonds from a display sponsored by
De Beers, Nicky Oppenheimer, De Beers’s chairman, estimated this unsuccess-
ful robbery as wonderful publicity. “If only we could do this once every six
month’s, we could do away with the advertising department altogether.”
32
4. By the time the diamonds reach customers waiting at the far end of the
pipeline the truckload, set in jewelry, is worth over 50 billion dollars.
5. Under the guiding hand of the Oppenheimer family, De Beers has indeed
striven with ruthless efficiency to control supplies.
6. “Sightholders” as customers are called are presented with an allotment of
stones; they must buy the entire offering at the price named by De Beers.
7. Monrovia, capital of Liberia is known as a mecca for money launderers
seeking to turn questionable cash assets into diamonds.
8. Prices have fallen although they have not collapsed, suggesting that supply
and demand do indeed apply to the diamond market.
II. Write out of the text adjectives ending in –able; –ing; –ed; ous; –al; –ie;
-y; -less.
Some of these endings change the meaning of adjectives in a certain way. What
are these endings and what meaning do they have? Can you continue the list?
C. Making a Summary
The subject of your summary is “Diamonds as a commodity”. How will you
shorten the text?
D. Follow-up
Answer the following questions?
1. Are diamonds as popular in Russia as in the USA, China and Japan?
2. What is your attitude to expensive jewelry?
3. Do you agree that diamonds incite avarice and bloodshed?
4. What famous diamond deposits do you know?
5. What do you know about Siberian diamonds?
6. Does Russia mine diamonds at present time?
E. Writing
Write a mini-composition (5–7 sentences based on the following article and ex-
plain why scandals, robberies and rumours often serve as the best advertising for
goods, services and people.
The natural shine of diamonds is actively used by those who profit from them.
When a gang of thieves with a stolen bulldozer plowed into London’s Millen-
nium Dome in 2000 to steal a 203 carat diamonds from a display sponsored by
De Beers, Nicky Oppenheimer, De Beers’s chairman, estimated this unsuccess-
ful robbery as wonderful publicity. “If only we could do this once every six
month’s, we could do away with the advertising department altogether.”
32
